Rising Sun Holdings Private Limited (RSHPL), owned by billionaire Adar Cyrus Poonawalla, has acquired 1.75 lakh square feet of office space in Pune for a sum of ₹395 crore, property registration documents accessed through real estate data analytics platform Propstack showed.
The commercial space is spread across four floors, spanning a built-up area of 2.19 lac sft in Cerebrum IT Park, located in Pune’s Kalyani Nagar.
Built by Kumar Builders, Cerebrum IT Park is spread across 1 million square feet in the heart of Pune. It comprises three buildings - B1, B2 and BC - occupied by companies from diverse sectors.
The transaction, executed via four separate deals, was registered on September 11 and named Zavareh Soli Poonawalla as the seller.
Zavareh Poonawalla is a businessman and brother of Cyrus S Poonawalla, the founder and CMD of Serum Institute of India.
